Report finds world’s 300 largest pension funds’ AUM increased 10% in 2023
In 2023, the world’s 300 largest pension funds’ assets under management increased by 10 per cent to US$22.6 trillion, compared to $20.6 trillion at the…
Latest news in CIR News
CPPIB-backed fintech stock rebounds after disappointing IPO
Shares in a Canada Pension Plan Investment Board-backed financial technology company have rebounded following a disastrous first week on the Bombay Stock Exchange. In the…
- By: Staff
- November 30, 2021 November 30, 2021
- 09:00
UPP appointing Omo Akintan as chief people officer
The University Pension Plan is appointing Omo Akintan as chief people officer, effective February 2022. Prior to joining the UPP, Akintan was the chief people…
- By: Staff
- November 29, 2021 January 16, 2025
- 09:00
OMERS committing to net zero, UPP facing divestment calls from university staff
The Ontario Municipal Employees Retirement System is the latest pension plan to commit to net-zero greenhouse gas emissions across its total portfolio by 2050. In…
- By: Staff
- November 29, 2021 November 29, 2021
- 09:00
Tracking indirect GHG emissions vital for institutional investors, says expert
Institutional investors seeking to reduce their portfolios’ carbon footprint should pay more attention to scope 3 emissions, says Priti Skokeen, head of environmental, social and…
- By: Gideon Scanlon
- November 26, 2021 November 24, 2021
- 16:30
Debate about pension fund’s divesting due to ESG issues heats up in Oregon
Oregon’s state employee retirement fund is coming under increased scrutiny as the U.S. state is facing increased calls for divestment from companies that have environmental,…
- By: The Associated Press
- November 26, 2021 November 25, 2021
- 09:00
Expert panel: Inflation risk — to hedge or not to hedge?
With October inflation hitting an 18-year high, inflation risk is back on the radar of plan sponsors providing inflation-linked defined benefit pensions. In the past,…
- By: Brent Simmons
- November 25, 2021 November 26, 2021
- 12:30
Caisse finances loan for mortgage provider, AIMCo enters joint venture to develop industrial site
The Caisse de dépôt et placement du Québec is financing part of a $400 million loan facility to a mortgage brokerage firm. The loan, co-financed…
- By: Staff
- November 25, 2021 November 25, 2021
- 11:45
Ontario Teachers’ appoints Jonathan Hausman to head new global investment strategy department
The Ontario Teachers’ Pension Plan is appointing Jonathan Hausman as senior managing director of its newly created global investment strategy department. The new department aims…
- By: Staff
- November 25, 2021 November 24, 2021
- 09:45
Institutional investors set to increase focus on ESG: survey
Almost two-thirds (62 per cent) of pension funds and other institutional investors expect to increase their focus on environmental, social and governance factors over the…
- By: Staff
- November 25, 2021 November 24, 2021
- 09:00
BCI updates code of ethics, personal conduct to address DEI-related issues
The British Columbia Investment Management Corp. is updating its code of ethics and personal conduct to include a section outlining its expectations from employees around…
- By: Staff
- November 23, 2021 November 22, 2021
- 10:00
AIMCo sees quarterly returns of 1.7 per cent, CPPIB up 3.8 per cent
The Alberta Investment Management Corp. saw returns of 1.7 per cent during the third quarter of 2021, according to its quarterly report. Between July and…
- By: Staff
- November 23, 2021 November 24, 2021
- 09:00
CPPIB refinances packaging company, invests in reinsurance provider alongside OMERS; AIMCo invests in Asian PE fund
The Canada Pension Plan Investment Board is recapitalizing an expanding packaging business. The institutional investor has signed an agreement with the U.S.-based Berlin Packaging, a…
- By: Staff
- November 23, 2021 November 22, 2021
- 09:00
Top 2021 Money Managers Report: What questions should pension plan sponsors ask in 2022?
In the early days of 2020, no one could have foreseen the social and economic havoc the coronavirus pandemic would wreak on the world. Nearly…
- By: Blake Wolfe
- November 19, 2021 July 25, 2024
- 08:53
CBC Pension Plan stays the course with liability-driven investment model
The best ship captains don’t put too much faith in weather forecasts — or those who do tend to see their vessels flounder. Perhaps that’s…
- By: Gideon Scanlon
- November 19, 2021 November 19, 2021
- 08:52
HOOPP buys shares in P&C insurance company, Caisse invests in private equity fund
The Healthcare of Ontario Pension Plan and Swiss Re Investments Holding Co. Ltd. are purchasing common shares in a Canadian property and casualty insurance company…
- By: Staff
- November 18, 2021 November 18, 2021
- 15:00
Canadian investors less skeptical of corporate ESG than global average: survey
Nearly three-quarters (72 per cent) of Canadian institutional investors don’t believe companies can be trusted to achieve their stated environmental, social and governance commitments, according…
- By: Staff
- November 18, 2021 November 18, 2021
- 11:55
Group of DB pension plans release educational video for financial literacy month
To celebrate Financial Literacy Month, a consortium of public sector defined benefit pension plan sponsors are releasing an informational video designed to educate their plan members…
- By: Staff
- November 18, 2021 November 18, 2021
- 10:30
Ohio retirement fund suing Facebook over investment loss
Ohio’s largest public employee pension fund is suing Facebook — now known as Meta — alleging that it broke U.S. federal securities law by purposely misleading…
- By: The Associated Press
- November 17, 2021 November 16, 2021
- 15:00
Sounding Board: How institutional investors can manage the physical risks of climate change
With recent deadly heat waves and wild fires ravaging Canada’s west coast and large-scale flooding in the east, who can ignore the growing risk of…
- By: Caroline Metz and Kathryn Bakos
- November 17, 2021 November 18, 2021
- 09:00
CPPIB investing in commercial real estate in Mumbai and Birmingham
The Canada Pension Plan Investment Board and Phoenix Mills Ltd. are forming a joint venture to develop an office-led, mixed-use building in Mumbai. The Canadian…
- By: Staff
- November 16, 2021 November 16, 2021
- 09:00
AIMCo sells stake in Spanish renewable energy company, issues inaugural green bond
The Alberta Investment Management Corp. is selling its 97.33 per cent ownership stake in a Spanish renewable energy company. Eolia Renovables de Inversiones is an…
- By: Staff
- November 15, 2021 November 15, 2021
- 09:00
AIMCo focusing on all three legs of ESG stool: report
The Alberta Management Investment Co. is focusing on all three legs of the environmental, social and governance stool this year and beyond. The government-owned pension…
- By: Staff
- November 12, 2021 November 12, 2021
- 09:00
IMCO committing to net-zero emissions in investment portfolios by 2050
The Investment Management Corp. of Ontario is joining the growing list of asset owners committing to reaching net-zero alignment in their investment portfolios by 2050 through…
- By: Staff
- November 11, 2021 November 11, 2021
- 09:00
Caisse invests in mortgage broker, Ontario Teachers’ makes reinsurance investment
The Caisse de dépôt et placement du Québec is investing in a Canadian mortgage broker. The investment in M3 Financial Group will allow the organization to…
- By: Staff
- November 11, 2021 November 10, 2021
- 09:00